Case of corporate fraud
Identify an instance of corporate fraud. Briefly summarize the case, including what happened, who was involved, and damages incurred. Note how the fraud was detected and discuss any red flags that appeared prior to detection. Could an accounting and finance system have helped deter this fraud? If yes, how? If no, why not? Are there any specific business policies and procedures that could have been in place that would have prevented the fraud from occurring? Explain.
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